FuelCell Energy (FCEL) Misses Q2 EPS by 3c, Revenue Misses

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FuelCell Energy Reports Second Quarter of Fiscal 2022 Results

June 9, 2022 7:30 AM EDT

Second Quarter Fiscal 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)

Revenues of $16.4 million compared to $14.0 millionGross loss of $(7.3) million compared to $(4.8) millionLoss from operations of $(28.2) million compared to $(17.4) millionBacklog of $1.33 billion as of April 30, 2022, compared to $1.32 billion as April 30, 2021

DANBURY, Conn., June 09, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today... More